Kaiser Hospital Asset Management Inc

Analysis

Kaiser Hospital Asset Management Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kaiser Hospital Asset Management Inc reported income of $190.7m and spending of $189.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $176.0m to $190.7m (+8.3%), an average of +2.0% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kaiser Hospital Asset Management Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Community Bridges Inc ($190.3m), Commonspirit Kansas Inc ($190.8m) and Mid-Valley Healthcare Inc ($189.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.06bn against liabilities of $171.2m, net assets of $888.7m.